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    Polk County, IA Multifamily Properties for Sale

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    Dubuque, IA Ankeny, IA Cedar Rapids, IA
    69 results
    Des Moines Fourplex Investment Opportunity
    $310,000
    2,509 SF

    Des Moines Fourplex Investment Opportunity

    1148 36th Street, Des Moines, IA 50311

    Fourplex near Drake College, ideal for investors or owner-occupants.

    • High Gross Annual Income: $49,800/year gross income before expenses.
    • Prime Location: Walking distance to Drake college.
    • Investment Opportunity: Solid real estate investment as a 4plex.
    • Unit Mix: Features a mix of (2) 2‑bed, 1‑bath units and (2) 1‑bed, 1‑bath units.
    • House Hack Potential: Suitable for owner‑occupancy with a low down payment (3‑5%).
    Updated: Jan 26
    View details
    Multifamily Property in Drake Area
    $340,000
    2,522 SF

    Multifamily Property in Drake Area

    2936 Brattleboro Avenue, Des Moines, IA 50311

    Five-unit multifamily property with income potential in Des Moines, Iowa.

    • Strong cash flow potential with current rent levels.
    • Low‑turnover asset with long‑term tenancy history.
    • Separate electric meters for each unit (tenant‑paid electric).
    • Recent conversion to electric heat.
    • Coin‑operated laundry, 2‑car garage, and extra storage provide additional income and value.
    Updated: Jan 23
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    Sherman Hill Multifamily Investment Opportunity
    $399,900
    3,174 SF

    Sherman Hill Multifamily Investment Opportunity

    Multifamily property in Des Moines' historic Sherman Hill neighborhood.

    732 19th Street, Des Moines, IA 50314
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    Des Moines Duplex with Updates
    $300,000
    1,596 SF

    Des Moines Duplex with Updates

    Side-by-side duplex with recent updates and fenced yards.

    4557 50th Street, Des Moines, IA 50310
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    Des Moines Multifamily Investment Opportunity
    $1,250,000
    8,736 SF

    Des Moines Multifamily Investment Opportunity

    Eight-unit multifamily property near downtown Des Moines.

    2316 51st Street, Des Moines, IA 50310
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    Turnkey Duplex Investment Opportunity
    $320,000
    1,768 SF

    Turnkey Duplex Investment Opportunity

    Income-generating duplex with long-term tenants in Des Moines.

    1004 Kingman Circle, Des Moines, IA 50311
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    Sherman Hill Multifamily Investment
    $475,000
    5,692 SF

    Sherman Hill Multifamily Investment

    Six-unit property in Des Moines' desirable Sherman Hill neighborhood.

    686 19th Street, Des Moines, IA 50314
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    Charming Duplex in Des Moines
    $325,000
    1,254 SF

    Charming Duplex in Des Moines

    Desirable South-of-Grand duplex with potential for future expansion.

    576 & 578 SW 42nd Street, Des Moines, IA 50312
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    Valley Junction Triplex Investment Opportunity
    $250,000
    2,623 SF

    Valley Junction Triplex Investment Opportunity

    Triplex in historic Valley Junction, West Des Moines. Great investment.

    317 7th Street, West Des Moines, IA 50265
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    Charming Craftsman Duplex with Income Potential
    $350,000
    1,972 SF

    Charming Craftsman Duplex with Income Potential

    Spacious duplex with Craftsman details, studio apartment, and oversized garage.

    1319 39th Street, Des Moines, IA 50311
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    Des Moines Three-Unit Multifamily Property
    $325,000
    2,988 SF

    Des Moines Three-Unit Multifamily Property

    Three-unit property in Des Moines near Ingersoll Avenue District.

    459 27th Street, Des Moines, IA 50312
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    Highland Park 7-Unit Multifamily Property
    $289,900
    3,306 SF

    Highland Park 7-Unit Multifamily Property

    Turnkey investment property in Des Moines' Highland Park neighborhood.

    3419 1st Street, Des Moines, IA 50313
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    Versatile Multi-Family Residence
    $259,000
    1,513 SF

    Versatile Multi-Family Residence

    Multi-family residence with income potential in Des Moines, Iowa.

    1242 Mckinley Avenue, Des Moines, IA 50315
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    Des Moines Duplex Investment Opportunity
    $280,000
    2,016 SF

    Des Moines Duplex Investment Opportunity

    Income-generating duplex near shopping, dining, and downtown Des Moines.

    612 Mckinley Avenue, Des Moines, IA 50315
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    Des Moines Duplex: Income Potential
    $275,000
    1,944 SF

    Des Moines Duplex: Income Potential

    Well-located duplex in Des Moines with immediate income potential.

    1022 Mckinley Avenue, Des Moines, IA 50315
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    Historic Mixed-Use Property For Sale
    $225,000
    3,550 SF

    Historic Mixed-Use Property For Sale

    Unique mixed-use property with commercial space and residential apartments.

    3516 SW 9th Street, Des Moines, IA 50315
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    Des Moines Duplex Opportunity
    $250,000
    2,136 SF

    Des Moines Duplex Opportunity

    Des Moines duplex with renovation potential and income opportunity.

    1829 47th Street, Des Moines, IA 50310
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    Altoona Four Unit Multifamily House
    $350,000
    1,690 SF

    Altoona Four Unit Multifamily House

    Four-unit house near downtown Altoona with long-term tenants.

    202 3rd Street SE, Altoona, IA 50009
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    Des Moines Duplex Opportunity
    $289,000
    1,600 SF

    Des Moines Duplex Opportunity

    Des Moines duplex perfect for renovation or rental portfolio expansion.

    3509/3511 Keyes Drive, Des Moines, IA 50315
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    Des Moines Duplex Opportunity
    $289,000
    1,600 SF

    Des Moines Duplex Opportunity

    Investor special duplex in Des Moines with upside potential.

    3509/3511 Keyes Drive, Des Moines, IA 50315
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    Des Moines Fourplex Near Drake
    $339,900
    2,492 SF

    Des Moines Fourplex Near Drake

    Fourplex near Drake University with updated units.

    1240 32nd Street, Des Moines, IA 50311
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    Renovated Duplex with Garage
    $225,000
    864 SF

    Renovated Duplex with Garage

    Updated duplex featuring modern finishes, new appliances, and a garage.

    2300 Dean Avenue, Des Moines, IA 50317
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    Well-Kept Duplex in Des Moines
    $260,000
    1,920 SF

    Well-Kept Duplex in Des Moines

    Two-story duplex with updates in a fantastic Des Moines location.

    4236 Boyd Street, Des Moines, IA 50317
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    Well-Kept Duplex in Des Moines
    $265,000
    1,472 SF

    Well-Kept Duplex in Des Moines

    Desirable Des Moines duplex with separate driveways and fenced yards.

    4230/4232 Boyd Street, Des Moines, IA 50317
    View details

    Polk County, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 69 multifamily properties for sale in Polk County, IA, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 39,341,313 square feet of properties for sale, with an estimated market value of $666,526,300.

    Sale prices for multifamily properties in Polk County, IA start at $65,000, averaging $2,025,915, and reaching up to $27,445,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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